LGIM to vote against ExxonMobil’s executive chair over climate stance and independence

Governance issues like chair independence and director overboarding highlighted by pandemic

Legal & General Investment Management (LGIM), the UK’s largest asset manager, managing £1.2trn (€1.4trn) in assets, has said it intends to oppose the re-election of Exxon’s chair – a position currently held by the US oil giant’s CEO, Darren Woods – over “significant concerns” abo…

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